Pointing to “disappearing” regulatory issues and satisfaction scores up across the banking industry, JPMorgan Chase chairman and CEO Jamie Dimon said at a conference that the U.S. is in a “golden age of banking,” American Banker reported. Get the Full Story Complete the form to...
With a partnership between TransferWise and Groupe BPCE, customers of the European banking group will be able to use TransferWise’s international money transfer service directly through the company’s app. In addition, TransferWise will have access to the banking group’s 15 million retail clients, Reuters reported. Get...
The Commonwealth Bank of Australia (CBA) has formally agreed to a record fine of A$700 million ($529.3 million) in the hopes of bringing to an end the money laundering scandal that it has found itself wrapped up in. The fine marks the largest ever handed out...
This latest round of funding brings the company to over $100 million in total funding to date and values the business at around $500 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Following special meetings on May 29, shareholders of Meta Financial Group, Inc. and Crestmark Bancorp, Inc. approved a plan of merger between the two companies. The companies had previously entered into an Agreement and Plan of Merger as of January 9 to approve the merger and...
Memorial Day, for most, is a day filled with fun. Kids and their parents get a day off, families hit the road to beaches or amusement parks and BBQs (and Beet-B-Qs) will break out in backyards everywhere. Get the Full Story Complete the form to unlock this article...
European payments company SIA announced it is acquiring First Data’s card processing businesses in parts of Central and Southeastern Europe for €375 million. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Barclays is looking at inking a merger deal with an international bank or banks, with Standard Chartered among the potential targets. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
In the latest in a saga that has affected ePayments and debit card purchases in Mexico, the country’s banking system has misplaced between $18 and $20 million. The country’s regulatory agencies and central bank don’t know if the funds went missing due to hackers, errors...
